Shore Capital Reiterates “House Stock” Rating for Begbies Traynor Group (LON:BEG)

Begbies Traynor Group (LON:BEG)‘s stock had its “house stock” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat.com reports.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 158 ($2.02) price target on shares of Begbies Traynor Group in a report on Tuesday, September 17th.

Begbies Traynor Group Price Performance

LON:BEG opened at GBX 104 ($1.33) on Tuesday. The business’s 50-day simple moving average is GBX 92.77 and its two-hundred day simple moving average is GBX 99.03. Begbies Traynor Group has a 52 week low of GBX 83.08 ($1.06) and a 52 week high of GBX 120 ($1.53). The stock has a market cap of £164.76 million, a PE ratio of 10,400.00, a P/E/G ratio of 2.95 and a beta of 0.37. The company has a quick ratio of 1.35, a current ratio of 1.31 and a debt-to-equity ratio of 23.79.

Insiders Place Their Bets

In other Begbies Traynor Group news, insider Graham McInnes sold 137,200 shares of the stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 92 ($1.17), for a total transaction of £126,224 ($161,020.54). Corporate insiders own 26.47% of the company’s stock.

About Begbies Traynor Group

Begbies Traynor Group plc provides various professional services to businesses, professional advisors, large corporations, and financial institutions in the United Kingdom. The company operates through two segments: Insolvency and Advisory Services; and Property Advisory and Transactional Services. It offers business rescue and recovery services, including company administration, creditors' voluntary liquidation, company dissolution and strike off, company voluntary arrangement, compulsory liquidation, the Law of Property Act or fixed charge receiverships, members' voluntary liquidation, partnership liquidation, and personal insolvency services, as well as closure options for insolvent companies.